ABN AMRO sells minority stake in EMS to Fiserv
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ABN AMRO has reached agreement on the sale of its minority stake in EMS to Fiserv. Founded in 2005 as a joint venture, EMS is a Netherlands-based digital payments business, providing innovative and proven infrastructure and high-quality technology for processing payments between merchants and their customers.
ABN AMRO regularly reviews its investments and concluded in consultation with Fiserv and EMS that EMS will be best served in its next chapter of growth by being wholly owned by Fiserv. Fiserv formerly owned 51% of EMS and has now acquired, with immediate effect, the remaining 49% share in EMS from ABN AMRO.